Pencoed Fawr Farm Lane, Bedwellty, Blackwood, Caerphilly (County of), NP12
By Richard Tuck Estate & Letting Agent
£ 175,000
Reviews
2 out of 5 stars
Richard Tuck Estate & Letting Agent says ..
A unique opportunity to purchase this derelict barn with planning consent for a two bedroom detached property.
Property Oracle says ..
This property listing presents a unique investment opportunity, though with substantial caveats. The subject of the sale is a derelict barn situated on a sizeable plot of land (13,456.50 sqft) in Blackwood, Caerphilly, Wales. The listing emphasizes the availability of planning consent for conversion into a two-bedroom detached property. The images reveal a structure showing significant signs of age and disrepair, including moss-covered roofing and weathered walls indicating years of neglect and likely the need for extensive repairs. The substantial plot size offers significant development potential. However, the property’s condition presents a major challenge and significant financial investment will be required to bring the barn back to a habitable state. The proximity to schools and transportation links is a positive. However, without further detail on the neighbourhood and specifics on the rebuild plans (architectural designs, materials, etc.), the precise potential return on investment cannot be definitively calculated. Prospective buyers should approach this listing cautiously and conduct thorough due diligence, including obtaining accurate cost estimates for renovation and evaluating the potential resale value upon completion. The asking price might be appropriate relative to the land, but the total cost to build will be much higher.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 4
- Land
- 7
- Bedrooms
- 2
- Bathrooms
- 0
- Lot (est)
- 13,456.50
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 273,728.00 £Increased by 18.50 %
- Average area rental value
- 828.00 £/moDecreased by 13.39 %
- Est rental Yield
- 3.63 %Decreased by 26.96 %
- Crime Rate
- 0.00 %
Agent Activity
Richard Tuck Estate & Letting Agent created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cefn Fforest Primary School | Welsh Establishment | 1.23 KM | |
| Ysgol Bro Sannan | Welsh Establishment | 1.35 KM | |
| Blackwood Comprehensive School | Welsh Establishment | 1.38 KM | |
| Blackwood Primary School | Welsh Establishment | 1.86 KM | |
| Lewis School Pengam | Welsh Establishment | 2.02 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Heol y Caeau-Meinion | £ 0 | 0 | 0.00 KM |
| Birch Way | £ 0 | 0 | 0.00 KM |
| Beech Avenue | £ 318,997 | 0 | 0.00 KM |
| Oak Grove | £ 225,000 | 0 | 0.00 KM |
| Pembroke Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gilfach Fargoed | 4022 | GFF | 1.95 KM |
| Bargoed | 4011 | BGD | 2.53 KM |
| Pengam | 4021 | PGM | 2.69 KM |
| Brithdir | 4012 | BHD | 3.78 KM |
| Hengoed | 4028 | HNG | 4.25 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Pencoed Fawr Farm Lane, Bedwellty, Blackwood, Caerphilly (County of), NP12 | £ 175,000 | BUY | 5 / 10 | 0.00 KM |
| Raglan Close, Blackwood | £ 180,000 | BUY | Unknown | 0.62 KM |
| Chepstow Close, Grove Park, Blackwood, Caerphilly (County of), NP12 | £ 134,950 | BUY | 6 / 10 | 0.65 KM |
| Chepstow Close, Grove Park | £ 150,000 | BUY | 6 / 10 | 0.65 KM |
| Beaumaris Way, Grove Park, NP12 | £ 270,000 | BUY | 7 / 10 | 0.66 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Raglan Close | £ 125,000 | 0.61 KM |
| 4 Raglan Close | £ 125,000 | 0.61 KM |
| 17 Raglan Close | £ 184,500 | 0.61 KM |
| 14 Cardigan Way | £ 149,950 | 0.62 KM |
| 1 Cardigan Way | £ 115,000 | 0.62 KM |